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Anuta_ua [19.1K]
2 years ago
12

In florida, an element of an insurance transaction would be

Business
1 answer:
xxMikexx [17]2 years ago
8 0
<span>giving out an insurance contract
       Such contract when issued are represented and controlled by the Florida Insurance Policy Code. These agreements must have certain arrangements in them as required by Florida law. The standard procedure when an insurance contract will be issue should have the following items: the agreement clause,grace period,secondary notice,misstatement of age, strategy loan,reinstatement, intrigue payable on death assert</span>
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Pro Corp., a U.S.-based MNC, uses purchasing power parity to forecast the value of the Thai baht (THB), which has a current exch
aleksklad [387]

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

Given:

Exchange rate of 1 Baht= $0.022

Expected inflation in united states (Assume) = 3% = 0.03

Expected inflation in Thailand (Assume) = 10% = 0.10

Computation:

After 1 year  rate of 1 Baht in Dollar

The price in US = 1 × (1+0.03) = $1.03

The price in Thailand = 1 × (1+0.10) = 1.10 baht

1 baht = 1.03×0.022÷1.1 = $0.0206

Therefore, 1 baht = $0.21 (approx)

4 0
3 years ago
Assume the spot Swiss franc is $0.7000 and the six-month forward rate is $0.6950. What is the minimum price that a six-month Ame
Rama09 [41]

Answer:

2 cents

Explanation:

The spot price = $0.7000 = 70 cents, The forward rate = $0.6950 = 69.5 cents and the call option with striking price = $0.6800 = 68.00 cents

The annualized six month rate = 3 1/2 % = 3.5 %, therefore the rate = r/n, where n is the number of period per year = 2. Therefore r/n = 3.5% / 2 = 0.035 / 2 = 0.0175

The minimum price = Maximum (spot price - striking price, (forward rate - striking price) / (1 + 0.0175), 0) = Maximum(70 - 68, (69.5 - 68)/ 0.0175, 0)

Minimum price = Maximum (2 , 1.47, 0) = 2 cents

4 0
3 years ago
Destiny and Enzo engage in a business transaction. When a dispute arises, Destiny initiates a lawsuit against Enzo by filing a c
WINSTONCH [101]

Answer:

The answer is: A) ​Destiny did not state a claim for which relief can be granted.

Explanation:

A motion to dismiss is a request made by a party involved a court case (usually the defendant) that seeks to make the court dismiss the case. It can be filed on a variety of grounds based on legal deficiencies. One of the common grounds for filing a motion to dismiss is:

  • Failure to State a Claim for Which Relief Can Be Granted: A plaintiff must comply with several requirements in order to file a complaint, including a valid cause of action. A motion to dismiss may be granted if the plaintiff fails to adequately allege all of the elements of the claim or if the complaint fails to allege a measurable injury.
4 0
3 years ago
In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales.1. Cervi
Fofino [41]

Answer:

The entry to record the sales transactions and related taxes for Quartz Company would be as follows:

                Debit         Credit

Cash        $23,100

Sales                             $22,000

Sales taxes                   $1,100

Cash      $13,780

Sales                        $13,000

Sales taxes                $780

Explanation:

In order to prepare the entry to record the sales transactions for Quartz Company we would have to make the following calculation:

According to the given data On April 10, the register totals are sales $22,000 and sales taxes $1,100, hence, cash=$22,000 +$1,100=$23,100

Therefore, the entry to record the sales transactions for Quartz Company would be as follows:

       

                  Debit         Credit

Cash        $23,100

Sales                             $22,000

Sales taxes                   $1,100

In April 15 the cash is $13,780, which includes a 6% sales tax, therefore, the sales would be calculated as follows:

sales=$13,780/6%

sales=$13,000

hence, sales taxes=$780

The entry to record the sales transactions and related taxes for Quartz Company would be as follows:

Cash      $13,780

Sales                        $13,000

Sales taxes                $780

5 0
3 years ago
Gabriel had no idea how consumers would respond to a survey about attitudes toward a program opening up space travel to private
Darina [25.2K]

Gabriel had no idea how consumers would respond to a survey about attitudes toward a program opening up space travel to private citizens. He could use a survey with open-ended questions.

Space travel to private citizens:

On June 7, 2019, NASA said that beginning in 2020, it intends to start permitting commercial astronauts to go to the International Space Station using the SpaceX Crew Dragon and the Boeing Starliner spacecraft for public astronauts, with a planned daily cost of $35,000 USD.

Three paying clients and a retired NASA astronaut set off for the International Space Station. The trip is the first to visit the space station with only private persons aboard, and it is also the first time NASA has worked with other organizations to coordinate a space tourism visit.

Learn more about space travel to private citizens here:

brainly.com/question/14990057

#SPJ4

4 0
2 years ago
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